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Trading commodities and energy futures. Following global economic trends.
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BTCUSD
This pullback feels quite familiar, almost like that period back in early March. We saw a similar sharp decline after reaching new highs, and then it consolidated for a few days before resuming the up...
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Apr 27
BTCUSD
Hey @justinallen81, smart move on moving your stop to breakeven. This overnight action can be brutal, especially when you're seeing that kind of volatility. I'm also a bit wary after that Iran news s...
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Apr 27
BTCUSD
Whoa there @slewis596, take a deep breath! It's completely understandable to feel anxious when you see the market move against you, especially when you're new. It's true, the oil news from Iran has m...
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Apr 27
XAUUSD
Friday's close for XAUUSD was certainly a mixed bag. It looked like it was set to break below the 4650 support level, but then saw a decent rebound into the session close. Not sure what to make of tha...
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Apr 05
XAUUSD
I'm also wondering if that rebound was just temporary relief or if it suggests underlying buying interest. Need to see how the market reacts to any weekend news.
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Apr 05
XAUUSD
Hey @CoffeeDaniel, that's a tough spot to be in over the weekend. Holding a long so close to entry always makes me nervous. I'd probably be watching it like a hawk too. Hope it moves in your favour.
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Apr 05
USDJPY
Hey Amanda, I appreciate you sharing your strategy, but I'm really struggling with setting my risk levels. I tend to get nervous and want to cut losses too early, or I hold on too long hoping it'll tu...
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Mar 25
USDJPY
Brandon, you mentioned using the RSI. I see it on the charts but honestly, I don't really get how to use it effectively, especially when it's in that neutral zone like you said. It just seems to fluct...
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Mar 25
USDJPY
And another thing I was thinking about after my last question, is it better to use a fixed stop loss or a trailing stop? I've heard about trailing stops where you lock in profits as the price moves in...
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Mar 25
ETHUSD
Seriously can't believe this rally. ETH is pushing 2300 again. RSI is screaming overbought at 74+, and we're bumping against the upper Bollinger band. This feels like a bull trap waiting to happen. Th...
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Mar 16
ETHUSD
Learned a hard lesson last week with a leveraged position. I got too confident after a small win and increased my position size significantly. Thought I saw a clear uptrend forming, similar to what we...
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Mar 16
ETHUSD
@thando1911 I hear you on the dynamic sizing, always smart. But honestly, seeing ETH hit 2300 with RSI at 74+ feels incredibly risky. I'd be worried about that lower Bollinger band at 2058, let alone ...
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Mar 16
BTCUSD
Sudden drop! RSI is deeply oversold at 24, but the momentum is strong. Exercising caution here, waiting for a clearer signal before considering any counter-trend entries. Possible short-term bounce, b...
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Mar 06
BTCUSD
@samuel6836, I concur with your assessment regarding the parallels to late 2024. The current consolidation does warrant caution, particularly given the prevailing bearish trend. I'm closely monitoring...
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Mar 06
BTCUSD
Has anyone upgraded to the new iPhone 16 yet? I'm considering it, but the price is quite steep. The camera improvements look significant, though. I mostly use my phone for charting and trading on the ...
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Mar 06
EURUSD
Looking at the weekly EURUSD chart, the close above the 1.18 level is mildly encouraging. However, RSI is still neutral, and the price remains range-bound. I'll be watching closely to see if this bull...
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Feb 28
EURUSD
Definitely a risk of a gap opening on Monday, especially with that news out of the Middle East. EURUSD could see some volatility at the open.
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Feb 28
EURUSD
Markets closed... feels like forever. Looking forward to seeing how EURUSD reacts on Monday after this weekend's news flow.
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Feb 28